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Ilya Panchernikov And Dina Goldentayer Acquire Single Family Home In Venetian Islands, Miami Beach For $8.9M

Property Image
SOLD
$8,900,000
Dina Goldentayer
Chad Carroll
+ 1

Florida

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Single Family Residence5,330 SF
Sold 09/23/2021
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Property Image
SOLD

Ilya Panchernikov And Dina Goldentayer Acquire Single Family Home In Venetian Islands, Miami Beach For $8.9M

Venetian Islands, Miami Beach, FL, USA

See Similar Deals
Single Family Residence5,330 SF
Sold 09/23/2021
Dina Goldentayer
Chad Carroll
+ 1
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,669
Total Square Footage:5,330 SF
Transaction Type:Sale

A single family home located in the Venetian Islands of Miami Beach was recently sold for $8,900,000. This 5,054 square foot property was purchased by Ilya Panchernikov, the owner of Caviar Russe, and Dina Goldentayer, representing Douglas Elliman. The sellers of the property were Christina Martin and David Martin from Terra. The sale price equates to a price per square foot of $1,761.

Summary of transaction details

Leading the purchase was Ilya Panchernikov, the owner of Caviar Russe, along with Dina Goldentayer representing Douglas Elliman. They successfully acquired the property from sellers Christina Martin and David Martin, who were represented by Terra. This transaction highlights the active real estate market on the Venetian Islands and the involvement of prominent individuals and companies in the Miami Beach area.

Players

Chad Carroll
83 deals$1.7B volume(305) 400-9507
BROKER

Dina Goldentayer
Douglas Elliman
91 deals$1.6B volume(786) 277-7539
BROKER

Eli Faitelson
Compass
13 deals$92.1M volume(305) 733-4899
BROKER

David Martin
Terra
28 deals$2.2B volume
SELLER

Terra
SELLER

Details

SOLD
IMAGE: Ilya Panchernikov, Dina Goldentayer, Christina Martin & David Martin DATE: 09/23/2021 MARKET: Venetian Islands, Miami Beach ASSET TYPE: Single Family BUYER: Ilya Panchernikov - Caviar Russe; Dina Goldentayer - Douglas Elliman SELLER: Christina Martin; David Martin - Terra BROKER: Dina Goldentayer - Douglas Elliman SALE PRICE: $8,900,000 SF: 5,054 ~ PPSF: $1,761

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$474,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$31,619.81
Cash-on-Cash Return-1.27%
Monthly Debt Service$42,190.54
Annual Debt Service$506,286.49